📍#merl L Technical Analysis (2025/07/12 Evening Analysis)
Merlin Chain remains bullish overall; short-term pullback to 0.107 offers a good dip-buy opportunity!
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#MERL 12H
Trend: Small Bull, trading above EMA9/21/200 on 12H, currently consolidating in 0.107–0.114 after a minor pullback, momentum still bullish.
🔹 Long Info:
🛑 Stop Loss: 0.100 (break below EMA200 and support flips bias)
🟢 Add on Dip: 0.110(not triggered), 0.107(not triggered), 0.100(not triggered)
🚀 Breakout Entry: 0.115
🎯 Targets: 0.130, 0.150, 0.174
#MERL 4H
Trend: Medium Bull, EMAs aligned bullish on 4H, retest of 0.107 support held—staggered dip entries are advisable.
🔹 Long Info:
🛑 Stop Loss: 0.107 (break below mid-term pivot support flips bias)
🟢 Add on Dip: 0.110(not triggered), 0.108(not triggered), 0.107(not triggered)
🚀 Breakout Entry: 0.115
🎯 Targets: 0.130, 0.150, 0.174
#MERL 1H
Trend: Small Bear, 1H broke below EMA9/21 and VWAP, showing short-term weakness—consider waiting or light shorts on rallies.
🔻 Short Info:
🛑 Stop Loss: 0.112 (break above short-term EMA9 invalidates)
🟢 Add on Strength: 0.110(not triggered), 0.112(not triggered), 0.115(not triggered)
🚨 Breakdown Entry: 0.107
🎯 Targets: 0.105, 0.100, 0.095
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#MERL Strategy Summary
Recommendations:
1. Maintain bullish bias on mid/long term—stagger long entries in 0.107–0.110, stop loss at 0.100.
2. Add on a confirmed break above 0.115, targeting 0.130/0.150/0.174.
3. Short-term rallies into 0.112–0.115 can be light short opportunities, stop at 0.112.
4. Respect 0.100 as key support—if broken, reduce exposure or stand aside.
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